Technology -
Information Technology Services - NASDAQ - CN
$ 5.48
0.735 %
$ 1.45 B
Market Cap
-548.0
P/E
1. INTRINSIC VALUE
Balance Sheet
VNET Group, Inc.
| Current Assets | 6.82 B |
| Cash & Short-Term Investments | 1.55 B |
| Receivables | 3.36 B |
| Other Current Assets | 1.92 B |
| Non-Current Assets | 25.5 B |
| Long-Term Investments | 795 M |
| PP&E | 21.8 B |
| Other Non-Current Assets | 2.91 B |
| Current Liabilities | 9.34 B |
| Accounts Payable | 709 M |
| Short-Term Debt | 3.12 B |
| Other Current Liabilities | 5.52 B |
| Non-Current Liabilities | 16.1 B |
| Long-Term Debt | 15 B |
| Other Non-Current Liabilities | 1.12 B |
EFFICIENCY
Earnings Waterfall
VNET Group, Inc.
| Revenue | 8.26 B |
| Cost Of Revenue | 6.43 B |
| Gross Profit | 1.83 B |
| Operating Expenses | 1.16 B |
| Operating Income | 669 M |
| Other Expenses | 421 M |
| Net Income | 248 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
VNET Group, Inc.
| Net Income | 248 M |
| Depreciation & Amortization | 1.6 B |
| Capital Expenditures | -5.13 B |
| Stock-Based Compensation | 149 M |
| Change in Working Capital | -309 M |
| Others | 10.2 M |
| Free Cash Flow | -3.12 B |
Wall Street Analysts Price Targets
VNET Group, Inc.
Wall Street analysts predict an average 1-year price target for VNET of $6.04 , with forecasts ranging from
a
low of
$4 to a high of $7.98 .
VNET Lowest Price Target
Wall Street Target
4 USD
-27.01%
VNET Average Price Target
Wall Street Target
6.04 USD
10.31%
VNET Highest Price Target
Wall Street Target
7.98 USD
45.62%
4. DIVIDEND
ANALYSIS
VNET does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
VNET Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
VNET Group, Inc. (VNET) Q1 2025 Earnings Conference Call Transcript
VNET Group, Inc. (NASDAQ:VNET ) Q1 2025 - Earnings Conference Call May 28, 2025 8:00 AM ET Company Participants Xinyuan Liu - Director of Investor Relations Ju Ma - Rotating President and General Manager of the AIDC Strategic Business Group Qiyu Wang - Chief Financial Officer Conference Call Participants Tom Tang - Morgan Stanley Edison Lee - Jefferies Daley Li - Bank of America Securities Louis Tseng - Citi Sarah Wong - UBS Operator Hello, ladies and gentlemen. Thank you for standing by for the First Quarter 2025 Earnings Conference Call for VNET Group, Inc. The management's prepared remarks, there will be a question and answer session.
seekingalpha.com
- 3 weeks ago
VNET Reports Unaudited First Quarter 2025 Financial Results
BEIJING , May 28, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. "We kicked off 2025 with a strong first quarter thanks to excellent execution of our effective dual-core strategy," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET.
prnewswire.com
- 3 weeks ago
VNET to Announce Unaudited First Quarter 2025 Financial Results on May 28, 2025
BEIJING , May 14, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited first quarter 2025 financial results on Wednesday, May 28, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, May 28, 2025, or 8:00 PM Beijing Time on Wednesday, May 28, 2025.
prnewswire.com
- 1 month ago
VNET Group: Still A Buy On Positive Results Preview And Multiple Tailwinds
VNET Group is a Buy, considering my expectations of strong Q1 2025 results and the favorable read-throughs from recent events. I forecast VNET's revenue growth to hit 20% YoY in Q1 2025 with EBITDA rising 15% YoY, driven by an increase in data center utilization. The REIT listing approval by the Shanghai Exchange and Nvidia's chip adjustments for China have a positive impact on VNET.
seekingalpha.com
- 1 month ago
VNET Publishes 2024 Environmental, Social and Governance Report
BEIJING , April 28, 2025 /PRNewswire/ -- VNET Group, Inc. (NASDAQ: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced it has published its 2024 Environmental, Social and Governance Report (the "2024 ESG Report"). This is VNET's fifth ESG report, highlighting the Company's 2024 efforts and achievements in environmental practices, digital empowerment, ethical governance, and social responsibility.
prnewswire.com
- 1 month ago
VNET Files Its Annual Report on Form 20-F for Fiscal Year 2024
BEIJING , April 25, 2025 /PRNewswire/ -- VNET Group, Inc. (NASDAQ: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 25, 2025 Eastern Time. The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at https://www.sec.gov and on the Company's investor relations website at https://ir.vnet.com/.
prnewswire.com
- 1 month ago
VNET Announces the Closing of Its Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 18, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the closing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes bear interest at a rate of 2.50% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2025.
prnewswire.com
- 3 months ago
VNET Prices Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the pricing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes Offering is expected to close on or about March 17, 2023, subject to the satisfaction of customary closing conditions.
prnewswire.com
- 3 months ago
VNET Announces Proposed Offering of Convertible Senior Notes
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the commencement of a proposed offering by the Company of US$400 million aggregate principal amount of its convertible senior notes due 2030 (the "Notes"), subject to market and other conditions (the "Notes Offering"). The Notes will be senior, unsecured obligations of the Company, and will accrue interest payable semi-annually in arrears and will mature on April 1, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms prior to such date.
prnewswire.com
- 3 months ago
Vnet Group (VNET) Q4 2024 Earnings Call Transcript
Vnet Group (NASDAQ:VNET ) Q4 2024 Earnings Conference Call March 12, 2025 8:00 AM ET Company Participants Xinyuan Liu – Head-Investor Relations Ju Ma – Rotating President Qiyu Wang – Chief Financial Officer Conference Call Participants Shuyun Che – CICC Sara Wang – UBS Yang Liu – Morgan Stanley Edison Lee – Jefferies Timothy Zhao – Goldman Sachs Daley Li – Bank of America Securities Operator Thank you for standing by for the Fourth Quarter and Full Year 2024 Earnings Conference Call for VNET Group Incorporated. After the management's prepared remarks, there will be a question-and-answer session.
seekingalpha.com
- 3 months ago
VNET Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results
BEIJING , March 12, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. "We closed 2024 with a strong fourth quarter, highlighted by our wholesale IDC business's remarkable performance as we continued to capitalize on AI-driven demand," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET.
prnewswire.com
- 3 months ago
VNET to Announce Unaudited Fourth Quarter and Full Year 2024 Financial Results on March 12, 2025
BEIJING , March 10, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited fourth quarter and full year 2024 financial results on Wednesday, March 12, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, March 12, 2025, or 8:00 PM Beijing Time on Wednesday, March 12, 2025.
prnewswire.com
- 3 months ago
8. Profile
Summary
VNET Group, Inc. VNET
COUNTRY
CN
INDUSTRY
Information Technology Services
MARKET CAP
$ 1.45 B
Dividend Yield
0.00%
Description
VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; server administration services; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; VPN Services that extend customers' private networks by setting up connections through the public internet. The company also provides operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services; site selection, planning, design, and construction services for wholesale and retail data centers. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. As of December 31, 2021, it operated 40 self-built data centers and 64 partnered data centers with 78,540 cabinets under management. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
Contact
Guanjie Building, Beijing, 100016
https://ir.vnet.com
IPO
Date
April 21, 2011
Employees
2581
Officers
Mr. Sheng Chen
Co-Founder, Executive Co-Chairman & Interim Chief Executive Officer
Ms. Xinyuan Liu
Head of Director of Investor
Mr. Chenggang Shen
Executive Vice President & GM of IDC Strategic Business Group
Mr. Ju Ma
Rotating President & GM of AIDC Strategic Business Group
Mr. Qiyu Wang
Chief Financial Officer
Mr. Wen Teng
Senior Vice President of the Group
Mr. Wen Teng
Group Senior Vice President & Chief Executive Officer of Blue Cloud
Mr. Kun Yan
Executive Vice President
Mr. Jianbiao Zhu
Executive Co-Chairman